The traditional hedge fund structure for most US-based domestic funds is depicted below. The structure consists of a management company (typically a limited liability corporation, but can also be a limited partnership or S corporation) and a hedge fund (typically a limited partnership, with the management company as general partner and the investors as limited partners). Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below!